News Broadcasting
Sony Pictures Home Entertainment unveils first three 50GB Blu-ray disc titles
MUMBAI: Sony Pictures Home Entertainment (SPHE) has announced the imminent arrival of its first three 50GB dual-layer Blu-ray Discs (BD). The comedy Click, starring Golden Globe nominee Adam Sandler, Oscar winner Christopher Walken and Kate Beckinsale, will be available on store shelves 10 October.
Black Hawk Down, the Oscar-winning, action-packed drama from director Ridley Scott, starring Josh Hartnett, Ewan McGregor, Tom Sizemore and Eric Bana, features new Blu-Wizard technology and will be available to film fans on 14 November. The hilarious box office hit, Talladega Nights: The Ballad of Ricky Bobby, starring writer and producer Will Ferrell and Oscar(R)-nominee John C. Reilly, hits shelves 12 December. All three titles were authored by the Sony Pictures Digital Authoring Center (DAC) and manufactured by Sony DADC, informs an official release.
“As consumers make the leap to Blu-ray’s incredible high-definition picture and theatre quality audio, they want access to a diverse selection of content packed with added-value features and reference titles like Ridley Scott’s powerful war epic Black Hawk Down, that will add to their growing Blu-ray Disc libraries,” said David Bishop, president, Sony Pictures Home Entertainment.
“We’re proud to be the first studio to deliver a 50GB Blu-ray Disc title to the marketplace with Click on October 10, along with two other highly entertaining titles this year that offer the expanded capacity and special features only a 50GB disc can provide,” he adds.
News Broadcasting
Network18 posts Rs 1,955 crore revenue, narrows FY26 losses
PAT improves to Rs 306.6 crore, margins steady amid cost pressures.
MUMBAI: Not all news is breaking, some of it is quietly improving. Network18 Media & Investments Limited appears to be doing just that, tightening losses and stabilising margins even as costs continue to weigh on the business. For FY26, the company reported revenue from operations of Rs 1,955.1 crore, up from Rs 1,896.2 crore in FY25, signalling modest top-line growth in a challenging media environment. Total income stood at Rs 1,978.2 crore, compared to Rs 1,913 crore a year earlier.
Profit after tax came in at Rs 306.6 crore for the year, a sharp turnaround from Rs 3,225.4 crore in FY25, largely reflecting the absence of large exceptional items that had inflated the previous year’s numbers. On a more comparable basis, the company’s operating performance showed signs of gradual stabilisation.
However, the quarterly picture remained under pressure. For the March quarter, Network18 reported a loss of Rs 53.1 crore, narrower than the Rs 98.1 crore loss in the same period last year, but still indicative of ongoing cost challenges.
Expenses continued to track high. Total expenses for FY26 stood at Rs 2,235.7 crore, up from Rs 2,197.8 crore in FY25. Key cost heads included operational expenses of Rs 765.9 crore, employee benefits of Rs 475.9 crore, and marketing, distribution and promotional spends of Rs 427.1 crore, underlining the continued investment required to sustain reach and engagement.
At an operating level, margins remained under strain. Operating margin stood at 2.33 per cent for FY26, marginally higher than 1.77 per cent in FY25, while net profit margin remained negative at -13.02 per cent, though improved from -14.89 per cent.
On the balance sheet, total assets rose to Rs 8,957.6 crore as of 31 March 2026, from Rs 8,317.5 crore a year earlier. Equity strengthened to Rs 4,958.7 crore, while borrowings increased to Rs 3,112.8 crore, reflecting a higher reliance on debt to support operations.
Cash flows told a mixed story. While financing activities generated Rs 83.9 crore, operating cash flow remained negative at Rs -24 crore, highlighting ongoing pressure on core cash generation. Cash and cash equivalents, however, improved to Rs 33.9 crore from Rs 1.8 crore.
The numbers point to a company in transition growing revenues, trimming losses, but still grappling with structural cost pressures. In a sector where scale often comes at a price, Network18 seems to be inching towards balance, one quarter at a time.
